quiz\nquestion 3 of 8\nthe ______ flow of the economy shows how economic activity flows between households…
quiz\nquestion 3 of 8\nthe ______ flow of the economy shows how economic activity flows between households and businesses.\ncircular\nupward\nstraight\ndownward
Answer
Brief Explanations:
In economics, the circular - flow model depicts the flow of economic activity between households and businesses. Households provide factors of production to businesses and in return receive goods and services. Businesses use factors of production to produce goods and services and receive payments from households. This creates a circular flow.
Answer:
A. circular